ILCG vs SCHD
iShares Morningstar Growth ETF vs Schwab US Dividend Equity ETF
Which is better, ILCG or SCHD?
Large Cap Growth against Large Cap Value.
ILCG has a lower expense ratio. ILCG led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ILCG | SCHD |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.06% |
| AUM | $3.1B | $112.1B |
| Dividend Yield | 0.43% | 3.00% |
| Holdings | 331 | 103 |
| YTD Return | +10.22% | +25.07%Best |
| 1Y Return | +12.26% | +27.61%Best |
| 3Y Return (annualized) | +23.06%Best | +15.74% |
| 5Y Return (annualized) | +11.46%Best | +9.89% |
| Volatility (annualized) | 16.5% | 13.6%Best |
| Max Drawdown | -35.4% | -33.4%Best |
| $10,000 over 5 years | $17,203Best | $16,025 |
| Top 10 Weight | 49.3% | 41.8%Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jun 28, 2004 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 11, 2026 (14.9 years).
ILCG vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
ILCG vs SCHD Performance
iShares Morningstar Growth ETF (ILCG) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ILCG returned +12.26% while SCHD returned +27.61%. Year to date, ILCG is up 10.22% versus a gain of 25.07% for SCHD.
Over three years, ILCG compounded at +23.06% per year against +15.74% for SCHD; over five years the annualized figures are +11.46% and +9.89% respectively. Across the full 15-year window we track, ILCG has the edge at +15.94% annualized vs +11.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILCG has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.4% for ILCG and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ILCG charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, ILCG currently yields 0.43% against 3.00% for SCHD.
Holdings Overlap
0.9% of ILCG's money is in holdings SCHD also owns. 11.7% of SCHD's money is in holdings ILCG also owns.
SCHD and ILCG share little of their money.
10 positions in common, counted across the 326 positions we hold weights for in ILCG and 100 in SCHD, against full books of 331 and 103.
What only one of them owns
Our book lists 89 positions for SCHD that do not appear in our book for ILCG (88.3% of the fund), and 307 for ILCG that do not appear in SCHD (98.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ILCG | Weight in SCHD | Difference |
|---|---|---|---|
| TXNTexas Instruments, Inc | 0.35% | 3.13% | 2.78% |
| BXBlackstone Group Inc/the Common Stock | 0.10% | 2.59% | 2.49% |
| FASTFastenal Co. | 0.17% | 1.38% | 1.21% |
| FITBFifth Third Bancorp | 0.06% | 1.19% | 1.13% |
| ARESAres Management Corp Common Stock | 0.09% | 0.74% | 0.65% |
| HSYHershey Co. | 0.05% | 0.64% | 0.59% |
| CINFCincinnati Financial Corp. | 0.04% | 0.64% | 0.60% |
| DRIDarden Restaurants Inc. | 0.03% | 0.60% | 0.57% |
| SNASnap-On Inc. | 0.02% | 0.49% | 0.47% |
| WSOWatsco Inc | 0.02% | 0.26% | 0.24% |
You are not choosing between two funds in isolation.
Whichever of ILCG and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ILCG or SCHD?
ILCG has an expense ratio of 0.04% while SCHD charges 0.06%. ILCG is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, ILCG or SCHD?
Over the past year ILCG returned +12.26% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), ILCG annualized +15.94% vs +11.36% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ILCG or SCHD?
ILCG has been the more volatile fund at 16.5% annualized versus 13.6% for SCHD. Worst drawdown: ILCG -35.4% vs SCHD -33.4%.
Should I hold both ILCG and SCHD?
ILCG and SCHD have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ILCG and SCHD?
11.7% of SCHD's money is in holdings ILCG also owns. 11.7% of SCHD's is in holdings ILCG also owns. They hold 10 positions in common, counted across the 326 positions we hold weights for in ILCG and 100 in SCHD.
Which pays a higher dividend, ILCG or SCHD?
ILCG yields 0.43% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ILCG?
ILCG has a lower expense ratio. ILCG led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.